"In 1971 it happened, and that’s when I started speaking out [about the Fed.] Really nobody listened. There were a lot of seeds planted about sound money, especially by Murray and others, and Mises. They talked about this. There was no audience out there. I would go to campuses, when I first went into Congress, and I would get 20 or 30 people come out and maybe convert one or two."
This Day in Founding Fathers History - Where we bring you important dates in the lives and history of the Founding Generation. One notable birthday on this day in 1727, that of Horatio Gates. Gates was born in England and moved to America at 22, fought during the French and Indian War, and then returned to England. He didn’t return to the U.S. until 1772, at which point he purchased a plantation in Virginia. At the outset of the Revolutionary War, Gates became a brigadier general, taking command of troops in New York.
This Day in Founding Founders History - Where we bring you important dates in the lives and history of the Founding Generation. On this day in 1792, Congress passed The Coinage Act, which created the mint and authorized construction of a mint building in the nation’s then-capital, Philadelphia.
Mandeville, LA – Exclusive Transcript – Now you and I can talk about preserving my Financial Sanity in Three Easy Lessons, your new book. David Simpson, whom many of you know, he’s been on the show many times, he’s provided financial counsel to me in the past. What are the three easy lessons? Check out today’s transcript for the rest…
Mandeville, LA - Church Doctrine - Question: Have you told your children lately that “there’s no such thing as a free lunch?” Have you told them that “money don’t grow on trees?” Before answering those questions here are two more. “Have you ever heard of the Federal Reserve” and “have you ever heard of the Food Stamp program?” Well if you answered “yes” to question 3 then you already know that money grown from trees “pays for” the free lunches provided for in question 4.
Mandeville, LA – Exclusive Transcript – As I said, we don’t have a culture any longer, not writ large. We have an anti-cult. A cult is something you organize around. It is almost always organized around a religion. This is not organized around a religion unless dollars are the religion, or unless bling is the religion, or whatever the terminology is. This is organized around radical autonomy, dubious self-promotion. There is no humility. It’s all about vanity. Check out today’s transcript for the rest…